Strategy Boosts Bitcoin Holdings While Nakamoto Holdings Enters Market
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Bitcoin continues to gain traction among institutional players, as two significant developments this week highlighted the asset’s growing role on corporate balance sheets. Michael Saylor’s Strategy announced the purchase of an additional $1.34 billion in Bitcoin, raising its total holdings to 568,840 BTC. At the same time, healthcare company KindlyMD completed a merger with newly formed Nakamoto Holdings — led by Trump crypto adviser David Bailey — to create a Bitcoin-native treasury firm supported by $710 million in financing. Michael Saylor’s Strategy Buys $1.34B in Bitcoin as BTC Surges Past $100K, Hitting 568,840 BTC in Holdings Bitcoin advocate and Strategy co-founder Michael Saylor has doubled down on his Bitcoin conviction yet again. Between May 5 and May 11, Saylor’s firm, Strategy, purchased an additional 13,390 BTC for approximately $1.34 billion as Bitcoin’s price broke above the $100,000 threshold for the first time in history. The details of the acquisition were revealed in a Form 8-K filing with the US Securities and Exchange Commission (SEC) on May 12. The average purchase price for the latest Bitcoin haul stood at $99,856 per coin, just under the newly reclaimed psychological mark of $100,000, which BTC surpassed on May 8. Following the latest purchase, Strategy’s total Bitcoin holdings now amount to 568,840 BTC, acquired at a total cost of approximately $39.4 billion. The firm’s average acquisition price sits at $69,287 per coin. Strategy’s holdings are now valued at more than $58.29 billion — representing a gain of over $18.8 billion on paper. Strategy Bitcoin buyers over time (Source: SaylorTracker) This 2.4% increase in Strategy’s Bitcoin holdings further cements its position as the largest corporate holder of Bitcoin globally, far ahead of public and private companies alike. Strategy Hits 2025 Bitcoin Yield Target Ahead of Schedule Michael Saylor took to X on May 12 to…
Filed under: News - @ May 13, 2025 12:29 pm